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Working Papers

2013May
Parents with their two children

Hal Kendig and Nina Lucas

Social change in Australia over the post WW II era -including increasing prosperity, massive immigration, and increasing public support - has brought overall improvements in intergenerational relationships and outcomes for older people.

2013May
Elderly care

Joelle H. Fong, Adam W. Shao and Michael Sherris

We apply generalized linear models to evaluate disability transitions for individuals in old age based on a large sample of U.S. elderly.

2013May
Constellations

Michael Sherris and Qiming Zhou

This paper overviews recent developments in models for mortality heterogeneity and uses a model calibrated to both population mortality and health condition data to consider the impact of model risk and heterogeneity in assessing solvency and tail risk for longevity risk products.

2013Apr
Inheritance tax

Cagri S. Kumru and Saran Sarntisart

The purpose of this paper is to examine the question of optimal taxation when individuals have self-control problems.

2013Mar
Financial growth

Adam Wenqiang Shao, Michael Sherris and Katja Hanewald

This paper estimates and compares methods of constructing disaggregated house price indices from existing house price models using individual sales data for Sydney.

2013Mar
Pensioners

Hazel Bateman, Isabella Dobrescu, Ben R. Newell, Andreas Ortmann and Susan Thorp

We report the results of two laboratory experiments that study how university student and staff participants chose retirement savings investment options using 'user‐friendly' information prescribed by regulators.

2013Mar
Groupwork

Vanessa Loh and Hal Kendig

This paper provides national findings on both paid, tax-generating and unpaid, voluntary productivity across the life course, focusing primarily on the baby boomer cohort now in late middle age.

2013Mar
Family enjoying life

Shiko Maruyamaya and Meliyanni Johar

When siblings are concerned for the well-being of their elderly parents, the costs of care giving and long-term commitment create a free-rider problem.

2013Mar
Pensioners

Daniel Cho, Katja Hanewald and Michael Sherris

We analyse the risk and profitability of reverse mortgages with lump-sum or income stream payments from the lender's perspective